FLR - Dividend announcements

Fluor Corporation (NYSE:FLR) (the "Company" or "Fluor") announced today that it has exercised its mandatory conversion rights on its outstanding Series A 6.50% Cumulative Perpetual Convertible Preferred Stock (the "Preferred Stock"). All of the outstanding shares of Preferred Stock will automatically convert to shares of the Company's common stock, $0.01 par value ("Common Stock") plus a cash payment equal to the Mandatory Conversion Make-Whole Amount, effective September 27, 2023 (the "Mandatory Conversion Date"). For each share of Preferred Stock, holders of Preferred Stock will receive 44.9585 shares of Common Stock and a cash payment of $45.23 in respect of the Mandatory Conversion Make

Fluor Corporation (NYSE:FLR) (the "Company" or "Fluor") announced today that it has priced its previously announced private placement of 525,000 shares of a newly created series of convertible preferred stock, to be designated as Series A 6.50% Cumulative Perpetual Convertible Preferred Stock (the "Preferred Stock"). The Company has also increased the size of the offering to 525,000 shares from the previously announced 450,000 shares and has granted the initial purchasers of the Preferred Stock a 30-day option to purchase up to an additional 75,000 in shares of Preferred Stock. The Company intends to use the net proceeds from this offering to redeem or repay outstanding indebtedness and for

Fluor Corporation (NYSE:FLR) (the "Company" or "Fluor") announced today that it intends to offer in a private placement, subject to market and other conditions, 450,000 shares of a newly created series of convertible preferred stock, to be designated as Series A Cumulative Perpetual Convertible Preferred Stock (the "Preferred Stock"). The Company expects to grant the initial purchasers of the Preferred Stock a 30-day option to purchase up to an additional 67,500 shares of Preferred Stock. The Company intends to use the net proceeds from this offering to redeem or repay outstanding indebtedness and for general corporate purposes. Cumulative cash dividends on the Preferred Stock will be paya